IHS Chemical Week

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August 20, 2014
Reliance Industries (Mumbai) told the Bombay Stock Exchange today that it will source 1.5 million m.t./year of ethane from the United States to feed its crackers in India. The company...
http://www.chemweek.com/regions/india_pakistan/Reliance-Industries-to-import-US-ethane-to-feed-its-crackers-in-India_63317.html
August 20, 2014
AkzoNobel today broke ground on its previously announced decorative paints facility at Chengdu, China. Chengdu is the capital of Sichuan Province. The new facility is part of an...
http://www.chemweek.com/regions/china/AkzoNobel-breaks-ground-on-decorative-paints-facility-in-China_63307.html
August 19, 2014
Kemira and Wilmar International (Singapore) today said that they have decided to terminate their joint venture agreement to produce alkyl ketene dimer (AKD) wax in China. The companies...
http://www.chemweek.com/regions/china/Kemira-and-Wilmar-terminate-AKD-joint-venture-agreement_63289.html
August 19, 2014
Sika (Baar, Switzerland) says that it has expanded its presence in Asia/Pacific with a Sri Lanka subsidiary at Colombo. The subsidiary supplies a range of products to the construction...
http://www.chemweek.com/regions/india_pakistan/Sika-establishes-subsidiary-in-Sri-Lanka-builds-production-units_63286.html
August 19, 2014
Mitsubishi Corp. (Tokyo), Mitsubishi Heavy Industries (MHI; Tokyo), and Turkish construction firm Gap Insaat (Istanbul) will build a large-scale fertilizer manufacturing complex for...
http://www.chemweek.com/regions/north_asia/japan/Mitsubishi-Corp-MHI-and-Turkish-firm-awarded-contracts-for-largest-fertilizer-plant-in-Turkmenistan_63283.html
August 18, 2014
Samsung SDI (Seoul) broke ground today on its electric car battery production plant at Xian, China. The new factory will produce 40,000 units of battery cells annually and will begin...
http://www.chemweek.com/regions/china/Samsung-SDI-breaks-ground-on-electric-car-battery-plant-in-China_63264.html
August 18, 2014
Hanwha Chemical (Seoul) is acquiring a 50.71% stake in KPX Fine Chemical (Yeosu, South Korea) for 42 billion South Korean won ($40.8 million). The transaction is expected to close by 1...
http://www.chemweek.com/regions/north_asia/korea/Hanwha-Chemical-acquires-majority-stake-in-TDI-producer-KPX_63263.html
August 15, 2014
Traders of European toluene were forced to decline enquiries from Mideast and Asia buyers seeking small volumes of toluene this week despite a open arbitrage on paper, IHS Chemical...
http://www.chemweek.com/regions/india_pakistan/European-traders-decline-Asian-Mideast-bids-for-toluene_63249.html
August 15, 2014
BASF and the Chinese Research Academy of Environmental Sciences (Craes; Beijing) are further cooperating on reducing emissions, BASF says. Craes is the top national nonprofit research...
http://www.chemweek.com/regions/china/BASF-and-Chinese-research-institute-cooperate-further-on-reducing-emissions_63231.html
August 14, 2014
Celanese says that Stefan Kutta, global director of the company’s transportation business line, will relocate to the Shanghai headquarters, where he will lead the company’s...
http://www.chemweek.com/regions/china/Celaneses-headtransportation-relocates-to-Shanghai-to-focus-on-Asian-market_63177.html
August 14, 2014
Songwon Industrial (Ulsan, South Korea) reports a net loss of 6.71 billion South Korean won ($6.6 million) for the second quarter of 2014 compared with a net profit of won518 million...
http://www.chemweek.com/regions/north_asia/korea/Songwon-swings-to-loss_63181.html
August 13, 2014
Indian Oil (New Delhi) says that its previously announced polypropylene (PP) project at Paradip, India, is expected to be completed in September 2017. The project was approved by the...
http://www.chemweek.com/regions/india_pakistan/Indian-Oils-PP-project-at-Paradip-to-be-completed-in-2017_63141.html
August 12, 2014
Mangalore Refinery and Petrochemicals (MRPL; Mangalore, India), a subsidiary of ONGC (New Delhi), reports a 3.2% increase in first fiscal quarter revenues, to 166.5 billion Indian...
http://www.chemweek.com/regions/india_pakistan/MRPL-reports-higher-sales-readies-PP-plant-appoints-managing-director_63128.html
August 12, 2014
LCY Chemical (Taipei), which is being investigated by Taiwanese authorities over its role in the 31 July explosions at Kaohsiung, Taiwan, which killed 30 people and injured more than...
http://www.chemweek.com/regions/north_asia/taiwan/LCY-Chemical-ordered-to-halt-polypropylene-production-at-Kaohsiung_63121.html
August 12, 2014
The petrochemical business of Gail India (New Delhi), a natural gas company, reports a 10% fall in sales in the fiscal first quarter, ended 30 June, compared with the year-ago quarter...
http://www.chemweek.com/regions/india_pakistan/Gails-petchem-business-reports-fall-in-sales_63116.html
August 11, 2014
FMC announced today that it has signed an agreement to jointly develop and distribute organic acid soil and plant health products for Actagro (Biola, CA) in Asia. Actagro’s full...
http://www.chemweek.com/regions/china/FMC-to-distribute-soil-and-plant-health-product-line-in-Asia_62976.html
August 11, 2014
Adama Agricultural Solutions (Tel Aviv), formerly Makhteshim Agan, on Sunday reported a 23.5% increase in net income and a 9% rise in sales in the second quarter of this year, to...
http://www.chemweek.com/regions/china/Adama-reports-higher-sales-and-earnings-plans-New-York-listing_63099.html
August 11, 2014
Kraton Performance Polymers today announced that on 8 August, it received notice from LCY Chemical (Taipei) that LCY has terminated their merger agreement following the Kraton board's...
http://www.chemweek.com/regions/north_asia/taiwan/LCY-terminates-merger-agreement-with-Kraton_63104.html
August 11, 2014
LG International (Seoul) plans to invest in a large petrochemical complex in the Bintuni industrial area, West Papua, Indonesia, The Jakarta Post reports. On Friday following a meeting...
http://www.chemweek.com/regions/southeast_asia/indonesia/LG-International-plans-methanol-complex-in-Indonesia_63101.html
August 11, 2014
Inner Mongolia Baotou Steel Rare-Earth Hi-Tech (Baotou, China), China’s largest producer of rare earths, and Xiamen Tungsten Co. will lead the formation of two rare earth metals...
http://www.chemweek.com/regions/china/More-consolidation-in-Chinas-rare-earth-industry_63100.html
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